Dukascopy
Nexo
VS
Higher Rated
Dukascopy
Capital at risk · T&Cs apply
Choosing between Dukascopy and Nexo depends on your trading style, preferred markets, and budget. Dukascopy is headquartered in Geneva, Switzerland, while Nexo operates from London, UK. Dukascopy has the longer track record, established in 2004, compared to Nexo which was founded in 2018. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Dukascopy
Nexo
Dukascopy is the better choice overall, scoring 3.7/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Nexo offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Dukascopy
3.7 vs 3.2
Lowest Fees
Nexo
0.1 vs 0 pips
Regulation
Dukascopy
2 vs 1 licences
Min. Deposit
Nexo
$100 vs $0
Dukascopy
Nexo
WinnerDukascopy
Nexo
Lower feesDukascopy holds licences from FCA, MAS. Nexo is regulated by FCA.
Dukascopy additionally covers Forex, Cfd, Stocks, Indices, Commodities. Nexo adds Crypto.
On spreads, Nexo is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Dukascopy.
Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. Nexo offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Dukascopy requires a minimum deposit of $100, while Nexo sets no minimum deposit. This makes Nexo accessible to traders with any budget.
BrokerRank scores Dukascopy at 3.71/5 and Nexo at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Dukascopy leads overall with a clear advantage.
Dukascopy scores higher overall on our independent rating system. Dukascopy holds a 3.7/5 rating vs Nexo's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Dukascopy offers spreads from 0.1 pips, while Nexo starts at 0 pips. Check the fees section above for a full breakdown.
Dukascopy requires a minimum deposit of $100. Nexo requires $0.
Dukascopy is regulated by FCA, MAS, while Nexo holds licences from FCA.
Dukascopy supports Proprietary Web, Proprietary Mobile, MT4. Nexo supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.